Timber Notes definition

Timber Notes shall have the meaning given it in Section 4.1.

Timber Notes means the 6.55% Series B Class A-1, 7.11% Series B Class A-2 and 7.71% Series B Class A-3 Timber Collateralized Notes due 2028, issued by SPC pursuant to the Indenture dated as of July 20, 1998, as amended by the First Supplemental Indenture dated as July 16, 1999 and the Second Supplemental Indenture dated as of November 18, 1999, between SPC and State Street Bank and Trust Company, as trustee.

Timber Notes has the meaning specified in the definition of “Timberland Installment Note Transaction”.

Examples of Timber Notes in a sentence

• Accrued Interest on Premium to Monthly Deposit Date Class A-1 Timber Notes $0.00 $0.00 Class A-2 Timber Notes $0.00 $0.00 Class A-3 Timber Notes $0.00 $0.00 7.

• Accrued Prepayment, Non-Registration and/or Deficiency Premiums to Monthly Deposit Date $0.00 N/A The accrued Premiums, if any, consist of the following: Non-Registration Premiums: Class A-1 Timber Notes $0.00 $0.00 Class A-2 Timber Notes $0.00 $0.00 Class A-3 Timber Notes $0.00 $0.00 8.

• Accrued Prepayment and/or Deficiency Premiums to Monthly Deposit Date $0.00 N/A The accrued Premiums, if any, consist of the following: Non-Registration Premiums: Class A-1 Timber Notes $0.00 $0.00 Class A-2 Timber Notes $0.00 $0.00 Class A-3 Timber Notes $0.00 $0.00 8.

• The required Liquidity Account balance will generally decline as principal payments are made on the Timber Notes.

• The Liquidity Account is not available, except under certain limited circumstances, for Scotia Pacific's working capital purposes; however, it is available to pay the Rated Amortization (as defined in Note 4) and interest on the Timber Notes if and to the extent that cash flows are insufficient to make such payments.

More Definitions of Timber Notes

Timber Notes means the Existing Timber Notes and any extension, refinancing, replacement or renewal thereof (or of other Timber Notes) that has a scheduled maturity date on or prior to the Outside Date.

Timber Notes means the notes in the amount of $735 million issued by OMX Timber Finance Investments I, LLC pursuant to that certain Indenture, dated as of December 21, 2004, with Xxxxx Fargo Bank, N.A. as the indenture trustee.

Timber Notes has the meaning given in the Indenture.

Timber Notes means the 7.95% Timber Collateralized Notes due 2015, issued by Scotia Pacific, as amended, supplemented or otherwise modified, in whole or in part, from time to time in accordance with the terms of the Timber Note Indenture.

Timber Notes means the Borrower’s 6.55% Series B Class A-1 Timber Collateralized Notes due 2028, 7.11% Series B Class A-2 Timber Collateralized Notes due 2028 and 7.71% Series B Class A-3 Timber Collateralized Notes due 2028.

Timber Notes means the 7.95% Timber Collateralized Notes due 2015, issued by SPHC, as amended, supplemented or otherwise modified, in whole or in part from time to time in accordance with the terms of the Indenture, dated as of March 23, 1993, between SPHC and The First National Bank of Boston, as trustee.

Timber Notes shall have the meaning set forth in the preamble hereto.